National Infusion Center Association
- Assets
- $2.9m
- Revenue
- $3.5m
- Investments
- $0.0
- Employees
- 9
- Location
- Austin, TX
- Founding
- Data as of
- 12/2023
- EIN
- 84-5142177
Organization Overview
National Infusion Center Association is located in Austin, TX. According to its NTEE Classification (S41) the organization is classified as: Chambers of Commerce & Business Leagues, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 12/2023, National Infusion Center Association employed 9 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. National Infusion Center Association is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 12/2023, National Infusion Center Association generated $3.5m in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 21.9% each year . All expenses for the organization totaled $3.6m during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
NATIONAL INFUSION CENTER ASSOCIATION (NICA) IS A NONPROFIT TRADE ASSOCIATION AND THE NATIONS VOICE FOR NON-HOSPITAL, COMMUNITY-BASED INFUSION PROVIDERS THAT OFFER A SAFE, MORE AFFORDABLE ALTERNATIVE TO HOSPITAL CARE SETTINGS FOR PROVIDER-ADMINISTERED MEDICATIONS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CONTRACT CONSULTING ADVOCACY: USE OF OUTSIDE MEDIA PARTNER TO BRING CLARITY TO LEGISLATOR AND CONSTITUENTS REGARDING 340 B HOSPITALS AND LACK OF OVERSIGHT, PRIOR AUTHORIZATIONS, AND GENERAL LEGISLATIVE UPDATES.
ANNUAL MEETING: COST INCURRED TO HOST CONFERENCE OF INFUSION PROVIDERS TO EDUCATE AND TRAIN ON CURRENT TOPICS.
CONTRACT CONSULTANTS RESOURCES: USE OF TECHNICAL SUPPORT TO UPGRADE AND ENHANCE INFUSION CENTER LOCATOR FOR PUBLIC USE. OUTSIDE VENDORS TO CREATE REPORTS FOR PROVIDERS TO BETTER UNDERSTAND THE MARKET-THE MARKETING TREND REPORT AND PIPELINE REPORT. USE OF OUTSIDE SOFTWARE TO PROVIDE A MEANS TO TRACK UPCOMING LEGISLATION AND A WAY TO COMMUNICATE WITH LEGISLATORS.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Brian Nyquist President & CEO | OfficerTrustee | 40 | $184,064 |
Chris Counts COO | 40 | $161,081 | |
Kaitey Morgan Chief Clinical Off | 40 | $137,014 | |
Monica Parsons Dir-Clinical Educ | 40 | $108,104 | |
Reese Norris Sec./treas. | OfficerTrustee | 3 | $0 |
Charlie Schadewald Director | Trustee | 3 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Advisorworx Consulting | 12/30/23 | $206,747 |
Hart Health Strategies Govt. Guidance Work | 12/30/23 | $268,000 |
Rational 360 Communications | 12/30/23 | $230,000 |
Fountainbleau Conference | 12/30/23 | $648,929 |
Mgm Conference | 12/30/23 | $150,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $476,100 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $476,100 |
| Total Program Service Revenue | $2,950,857 |
| Investment income | $37,433 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$21,960 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,535,636 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $3,200 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $492,606 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $607,174 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $47,272 |
| Payroll taxes | $83,334 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $92,922 |
| Fees for services: Accounting | $21,852 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $4,727 |
| Fees for services: Other | $787,409 |
| Advertising and promotion | $53,914 |
| Office expenses | $13,888 |
| Information technology | $87,487 |
| Royalties | $0 |
| Occupancy | $81,132 |
| Travel | $104,398 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $987,776 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $5,906 |
| Total functional expenses | $3,624,421 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,294,790 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $617,780 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $796,864 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $211,545 |
| Total assets | $2,920,979 |
| Accounts payable and accrued expenses | $71,394 |
| Grants payable | $0 |
| Deferred revenue | $1,287,635 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $226,390 |
| Total liabilities | $1,585,419 |
| Net assets without donor restrictions | $1,335,560 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $2,920,979 |